Morris County, New Jersey

Faropoint Acquires 10-Building Last Mile Portfolio In Northern New Jersey From Kushner Cos. For $132.5M

Retrieved on: 
Wednesday, December 22, 2021
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Technology, Morris County, New Jersey, Health, Growth, Senior, Acquisition, Light, Pleasure, Biotechnology, Lighting, Kushner Companies, Transport, Real estate, Renewable energy, Sales

This acquisition is strategically important for Faropoint due to the portfolios proximity to the high barrier-to-entry, densely populated New York metro submarket, said Ohad Porat, Chief Investment Officer at Faropoint.

Key Points: 
  • This acquisition is strategically important for Faropoint due to the portfolios proximity to the high barrier-to-entry, densely populated New York metro submarket, said Ohad Porat, Chief Investment Officer at Faropoint.
  • The company has existing offices in Atlanta, Dallas, Philadelphia, Memphis, Cincinnati, and Hoboken, NJ, and opened new offices in Chicago and Miami this year.
  • In 2021 alone, the company has acquired 148 buildings totaling nearly 9 million square feet in 85 separate transactions.
  • The properties in Faropoints newly acquired portfolio are located within in-fill areas throughout Bergen and Morris Counties and represent a combined 654,633 rental square feet.

Avis Budget Group to Announce Second Quarter 2021 Results on August 3rd

Retrieved on: 
Tuesday, July 6, 2021
Morris County, New Jersey, Parsippany-Troy Hills, New Jersey, Franchises, Companies, Avis Budget Group, Budget Rent a Car, Avis, NASDAQ

Conference Call to Discuss Results Scheduled for August 4th, 2021

Key Points: 
  • Conference Call to Discuss Results Scheduled for August 4th, 2021
    PARSIPPANY, N.J., July 06, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2021 results after the market close on Tuesday, August 3rd, 2021, and to host a conference call for institutional investors to discuss these results on Wednesday, August 4th, 2021 at 8:30 a.m. Eastern time.
  • A telephone replay will be available from 11:00 a.m. Eastern time on August 4th, 2021 until 10:00 p.m. on August 18th, 2021 at (877)-660-6853 using conference code 13721250.
  • Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.
  • Avis Budget Group is headquartered in Parsippany, N.J.

Diamond Braces Opens New Location in Denville, NJ

Retrieved on: 
Friday, May 7, 2021
Morris County, New Jersey, Denville Township, New Jersey, Faulkner Act, Denville station, National Register of Historic Places in Morris County, New Jersey, Dental braces, Dover, New Jersey, Dover station

b'HACKENSACK, N.J., May 7, 2021 /PRNewswire/ -- Diamond Braces, a dental support organization specializing in orthodontic care, today announced the opening of its new Denville, NJ location.

Key Points: 
  • b'HACKENSACK, N.J., May 7, 2021 /PRNewswire/ -- Diamond Braces, a dental support organization specializing in orthodontic care, today announced the opening of its new Denville, NJ location.
  • Located near Denville\'s bustling downtown, the new Diamond Braces office will be a destination for patients looking for their Diamond smile.\nDiamond Braces\' Denville office is the company\'s seventh New Jersey office and replaces its Dover location on McFarlan Street.
  • "\nYou can visit Diamond Braces\' new Denville office at 4 West Main Street, Denville, NJ 07834.
  • For over 20 years, Diamond Braces has been guided by their AAA principles of affordability, accessibility, and amazing service.

Avis Budget Group Announces Pricing of $500 Million of Senior Notes

Retrieved on: 
Wednesday, March 10, 2021
Morris County, New Jersey, Parsippany-Troy Hills, New Jersey, Franchises, Avis Budget Group, Budget Rent a Car, Avis, Senior debt

PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $500 million aggregate principal amount of 4.75% senior notes due 2028 (the Notes) in a private offering, which represents a $150 million increase from the previously announced size of the offering.

Key Points: 
  • PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $500 million aggregate principal amount of 4.75% senior notes due 2028 (the Notes) in a private offering, which represents a $150 million increase from the previously announced size of the offering.
  • The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.
  • The Company intends to use the net proceeds from the Notes offering, together with cash on hand, to redeem all of the Issuers outstanding 6.375% senior notes due 2024 and $140 million of the Issuers outstanding 5.250% senior notes due 2025, and pay related fees and expenses.
  • This press release does not constitute a notice of redemption of the 6.375% senior notes due 2024 and 5.250% senior notes due 2025.

Avis Budget Group Announces Intention to Offer $350 Million of Senior Notes

Retrieved on: 
Tuesday, March 9, 2021
Morris County, New Jersey, Parsippany-Troy Hills, New Jersey, Franchises, Avis Budget Group, Budget Rent a Car, Avis, Senior debt

PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $350 million aggregate principal amount of senior notes due 2028 (the Notes) in a private offering.

Key Points: 
  • PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $350 million aggregate principal amount of senior notes due 2028 (the Notes) in a private offering.
  • The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.
  • The Company intends to use the net proceeds from the Notes offering, together with cash on hand, to redeem all of the Issuers outstanding 6.375% senior notes due 2024 and pay related fees and expenses.
  • This press release does not constitute a notice of redemption of the 6.375% senior notes due 2024.

Avis Budget Group Announces Pricing of $600 Million of Senior Notes

Retrieved on: 
Wednesday, February 17, 2021
Morris County, New Jersey, Parsippany-Troy Hills, New Jersey, Franchises, Avis Budget Group, Budget Rent a Car, Avis, Senior debt

PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $600 million aggregate principal amount of 5.375% senior notes due 2029 (the Notes) in a private offering.

Key Points: 
  • PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $600 million aggregate principal amount of 5.375% senior notes due 2029 (the Notes) in a private offering.
  • The closing of the offering of the Notes is expected to occur on March 1, 2021, subject to customary closing conditions.
  • The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.
  • This press release does not constitute a notice of redemption of the 10.500% senior secured notes due 2025.

Avis Budget Group Announces Intention to Offer $600 Million of Senior Notes

Retrieved on: 
Wednesday, February 17, 2021
Morris County, New Jersey, Parsippany-Troy Hills, New Jersey, Franchises, Avis Budget Group, Avis, Budget Rent a Car, Car rental, Avis Southern Africa, Avis Car Rental

PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $600 million aggregate principal amount of senior notes due 2029 (the Notes) in a private offering.

Key Points: 
  • PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $600 million aggregate principal amount of senior notes due 2029 (the Notes) in a private offering.
  • The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.
  • This press release does not constitute a notice of redemption of the 10.500% senior secured notes due 2025.
  • Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.

Avis Budget Group to Announce Fourth Quarter & Full Year 2020 Results on February 16th

Retrieved on: 
Thursday, January 14, 2021
Morris County, New Jersey, Franchises, Avis Budget Group, Budget Rent a Car, Avis, Parsippany-Troy Hills, New Jersey, Avis Car Rental

PARSIPPANY, N.J., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter and full year 2020 results after the market close on Tuesday, February 16th, 2021, and to host a conference call for institutional investors to discuss these results on Wednesday, February 17th, 2021 at 8:30 a.m. Eastern time.

Key Points: 
  • PARSIPPANY, N.J., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter and full year 2020 results after the market close on Tuesday, February 16th, 2021, and to host a conference call for institutional investors to discuss these results on Wednesday, February 17th, 2021 at 8:30 a.m. Eastern time.
  • Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991.
  • Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.
  • Avis Budget Group is headquartered in Parsippany, N.J.

Bayer Dedicates New Sign to Employees and Bayer Fund Donates $25,000 to Hanover Emergency Responders

Retrieved on: 
Friday, December 4, 2020
Foundation, Other Philanthropy, Philanthropy, Morris County, New Jersey, States of Germany, Companies, Hanover Township, New Jersey, Bayer, Hanover, Pennsylvania, Whippany, New Jersey, Hanover, Bayer Fund, Bayer

Bayer Fund, a philanthropic arm of life sciences company Bayer, today awarded a $25,000 grant to the Township of Hanover Fire District No.

Key Points: 
  • Bayer Fund, a philanthropic arm of life sciences company Bayer, today awarded a $25,000 grant to the Township of Hanover Fire District No.
  • View the full release here: https://www.businesswire.com/news/home/20201204005047/en/
    In conjunction with a $25,000 Bayer Fund grant to the Township of Hanover Fire District No.
  • 3, Bayer dedicated its new sign in front of its Whippany, NJ headquarters to employees working through the COVID-19 pandemic crisis.
  • The $25,000 donation is the latest that the Hanover Township has received through Bayer Fund.

Avis Budget Group to Announce Third Quarter 2020 Results on October 29th

Retrieved on: 
Tuesday, October 13, 2020
Morris County, New Jersey, Parsippany-Troy Hills, New Jersey, Franchises, Avis Budget Group, Companies, Budget Rent a Car, Avis, NASDAQ, Avis Car Rental

PARSIPPANY, N.J., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2020 results after the market close on Thursday, October 29th, 2020, and to host a conference call for institutional investors to discuss these results on Friday, October 30th, 2020 at 8:30 a.m. Eastern time.

Key Points: 
  • PARSIPPANY, N.J., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2020 results after the market close on Thursday, October 29th, 2020, and to host a conference call for institutional investors to discuss these results on Friday, October 30th, 2020 at 8:30 a.m. Eastern time.
  • A telephone replay will be available from 11:00 a.m. Eastern time on October 30th, 2020 until 10:00 p.m. on November 13th, 2020 at (877)-660-6853 using conference code 13711168.
  • Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.
  • Avis Budget Group is headquartered in Parsippany, N.J.